Ur Energy (NYSEAMERICAN:URG) Stock: Insider Jade Walle Acquires 164,178 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle purchased 164,178 shares of the company’s stock in a transaction that occurred on Wednesday, November 11th. The shares were purchased at an average cost of $0.67 per share, with a total value of $109,999.26. Following the completion of the purchase, the vice president owned 588,215 shares in the company, valued at $394,104.05. This trade represents a 38.72% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Jade Walle also recently made the following trade(s):

• On Thursday, September 24th, Jade Walle purchased 96,556 shares of Ur Energy stock. The shares were purchased at an average price of $1.14 per share, for a total transaction of $110,073.84.
• On Friday, September 11th, Jade Walle purchased 75,581 shares of Ur Energy stock. The shares were purchased at an average price of $1.29 per share, for a total transaction of $97,499.49.

Ur Energy Trading Down 0.9%

Ur Energy stock traded down $0.01 during midday trading on Friday, reaching $0.61. The stock had a trading volume of 9,821,084 shares, compared to its average volume of 14,825,672. The company has a quick ratio of 3.25, a current ratio of 5.05 and a debt-to-equity ratio of 1.37. Ur Energy Inc has a 52-week low of $0.60 and a 52-week high of $2.15. The firm has a market cap of $244.47 million, a price-to-earnings ratio of -3.23 and a beta of 1.21. The company has a fifty day moving average of $0.99 and a 200 day moving average of $1.39.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings data on Monday, November 9th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). Ur Energy had a negative net margin of 191.64% and a negative return on equity of 111.88%. The business had revenue of $12.43 million during the quarter, compared to the consensus estimate of $14.37 million. On average, analysts anticipate that Ur Energy Inc will post -0.19 earnings per share for the current fiscal year.

Latest Ur Energy News

These are some of the URG news items that stood out recently:

• Neutral Sentiment: Analysts still maintain Buy or Outperform ratings, but their reduced estimates and price targets point to more cautious expectations.
• Negative Sentiment: Royal Bank of Canada lowered its price target to $1.25 from $1.60, though it kept an Outperform rating. B. Riley also reduced its target to $2.00 from $2.50 while retaining a Buy rating. RBC target update
• Negative Sentiment: In its latest reported quarter, Ur-Energy’s loss of $0.04 per share matched consensus, but revenue of $12.43 million missed analyst expectations of $14.37 million.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on URG shares. B. Riley Financial dropped their price objective on Ur Energy from $2.50 to $2.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. HC Wainwright reduced their target price on Ur Energy from $2.20 to $1.80 and set a “buy” rating on the stock in a research note on Tuesday, November 10th. Finally, Royal Bank Of Canada reduced their target price on Ur Energy from $1.60 to $1.25 and set an “outperform” rating on the stock in a research note on Wednesday. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Ur Energy presently has an average rating of “Buy” and an average target price of $2.11.

Institutional Trading of Ur Energy

Large investors have recently modified their holdings of the company. CTC Alternative Strategies Ltd. bought a new stake in Ur Energy during the 1st quarter valued at $31,000. AXQ Capital LP purchased a new position in shares of Ur Energy in the 2nd quarter valued at $31,000. Pacer Advisors Inc. increased its holdings in shares of Ur Energy by 2.0% in the 1st quarter. Pacer Advisors Inc. now owns 1,220,144 shares of the basic materials company’s stock valued at $1,818,000 after acquiring an additional 24,386 shares during the period. Earned Wealth Advisors LLC purchased a new stake in shares of Ur Energy during the 1st quarter worth $37,000. Finally, Ieq Capital LLC lifted its stake in shares of Ur Energy by 275.3% during the 3rd quarter. Ieq Capital LLC now owns 41,560 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 30,485 shares during the last quarter. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Ur Energy Company Profile

Ur-Energy Inc. is a U.S. uranium mining company focused on the exploration, development and recovery of uranium. The company uses in-situ recovery (ISR), a method that circulates a solution through underground uranium deposits and brings the dissolved uranium to the surface for processing. Its principal projects are in Wyoming, including the Lost Creek uranium facility in Sweetwater County and the Shirley Basin project. Ur-Energy’s product is uranium concentrate, which is supplied to the nuclear fuel cycle for further processing.